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Wilkins Company uses the direct write-off method to account for uncollectible receivables. On September 18, Wilkins wrote off a S8,500 account receivable from customer W.
Wilkins Company uses the direct write-off method to account for uncollectible receivables. On September 18, Wilkins wrote off a S8,500 account receivable from customer W. Jaden. On October 24, Wilkins unexpectedly received full payment from Jaden on the previously written off account 7. Journalize Wilkins's write-off on the uncollectible receivable 8. Journalize Wilkins's colleation of the previously written off reoeivable
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